Potato Chips Market: By Flavor (Plain, Flavored, Salted, others), By Product Type (Baked, Fried, Others), By Distribution Channel (Hypermarkets, Specialty Food Stores, Online Stores, Convenience Stores, and others), By Category (Conventional, Organic and Others) and By Geography

The potato Chips Market size was valued at USD 31.87 billion in 2022 and is expected to reach USD 38.67 billion by 2029, at a CAGR of 2.8% during the forecast period 2023-2029. Potato chips are the most famous snack food preferred by many across the globe. Potato chips are processed as well as stored in a fine way so that chips are inert to any chemical and enzymatic activities and even moisture. The Color, texture, and taste of the potato chips stay the same for a long duration. They are always sold in air-tight plastic bags for the purpose of increasing the durability of the products. Potato slices are seasoned until they became crispy. They are everyone's favorite snack. They are sold as plain or salted. Potato chips get yellowish-brown color because potatoes react with amino acids while deep-frying them. Another factor that boosts the potato chips market growth is the launch of nutritious options like low-fat and low-sodium potato chips. They are a great alternative to traditional potato chips. The major factor that is anticipated to restrain the market growth is numerous alternatives to potato chips are available in the market. There is huge market growth in developing countries in the upcoming years. Potato chips are the most suitable food option as it can be served as a quick snack. The easy availability of raw materials utilized in the potato chips manufacturing process is oil, potato, and salt. Raw materials required for preparing potato chips are widely available everywhere. Therefore the trustworthy supply of raw materials is ensured hence continuous supply, as well as effective production planning, is provided to the potato chips market.